Decision details

Decision Maker: Corporate Director Planning, Growth and Sustainability

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

Terms agreed with tenant for new lease of whole of Old Wycombe Library, High Wycombe.

Reasons for the decision:

The terms of the letting are in line with the market. The proposed letting will generate a revenue to support delivery of the Council’s services and meeting the Council’s obligations under Section 123 of the Local Government Act 1954.

Alternative options considered:

Consider freehold disposal of the site however this would not generate a revenue receipt which the proposed transaction achieves.

Wards Affected: Abbey;

Details of any conflict of interest declared: There are no known conflicts of interest.

Contact: John Reed, Director of Property & Assets Email: John.Reed@buckinghamshire.gov.uk.

Publication date: 16/02/2023

Date of decision: 16/02/2023